4/10 Australian SMEs fallen victim to cyber-attacks since pandemic

May 27th, 2022 – Almost four out of teb SMEs in Australia have fallen victim to cyber-attacks since the pandemic began, according to a new study.

Software Advice, the B2B software search website, has revealed the results of a study analysing the effects of cyber security attacks on small businesses and how much they can cost – financially or otherwise.

Cyber-attacks remain just as prevalent as ever for SMEs, with almost 4 out of 10 businesses (39%) having experienced a ransomware attack, according to the 202 IT specialist respondents surveyed. This can be broken down as 27% who said their company ‘faced a ransomware attack once’ and 14% who said their company has previously ‘faced several’ attacks.

Almost 4 out of 10 businesses that experienced one or more ransomware attacks have done so since the COVID-19 pandemic began in 2020. This could be due to a number of reasons, including the sudden surge in remote working and the introduction, for many SMEs in particular, the introduction of cloud-based systems. The pandemic saw businesses investing in technology solutions as a way to survive and combat issues any remote working issues, but in doing so has seen a rise in criminal cyber activity.

More…https://itbrief.com.au/story/4-10-australian-smes-fallen-victim-to-cyber-attacks-since-pandemic

Written by IT Brief

Related Post

thumbnail
hover

Digital Entrepreneurship in Africa

Africa’s progress in entrepreneurship, digital innovation, and its young population lays a solid foundation for achieving the United N...

thumbnail
hover

Women, Business and the Law 2024:...

Women, Business and the Law 2024 This year’s report, the 10th in the series, finds that women worldwide continue to have fewer legal r...

thumbnail
hover

European Commission launched AI innovation package...

On 24 January, the Commission has launched a package of measures to support European startups and SMEs in the development of trustworthy Art...

CLOSE
CLOSE